What is Materialize?
Materialize is a key player in the Business Intelligence (BI) Software sector, operating from its headquarters in New York City. With a team size of 20 to 49 employees and an estimated revenue between $1M to $5M, the company is focused on providing advanced BI solutions. The recent significant capital infusion suggests a strong market position and potential for accelerated growth in the competitive BI landscape.
How much funding has Materialize raised?
Materialize has raised a total of $100M across 3 funding rounds:
Series A
$8M
Series B
$32M
Series C
$60M
Series A (2019): $8M with participation from Lightspeed
Series B (2020): $32M led by Lightspeed Venture Partners and Kleiner Perkins Caufield & Byers
Series C (2021): $60M supported by Kleiner Perkins, Lightspeed Venture Partners, and Logan Bartlett
Key Investors in Materialize
Kleiner Perkins
Kleiner Perkins is a venture capital firm known for investing in early and growth-stage technology companies across various sectors, including enterprise and healthcare.
Lightspeed Venture Partners
Lightspeed Venture Partners is a global multistage venture capital firm that invests in technology companies from seed through IPO, with a focus on enterprise software, consumer, and fintech.
Logan Bartlett
An individual investor participating in Materialize's funding rounds.
What's next for Materialize?
The substantial enterprise-level backing and recent strategic investment indicate that Materialize is poised for significant expansion and product development. This financing will likely fuel initiatives aimed at scaling operations, enhancing its BI software capabilities, and potentially expanding its market reach. The company's trajectory suggests a focus on solidifying its enterprise offerings and capturing a larger share of the business intelligence market.
See full Materialize company page
